Xref: utzoo can.politics:1517 misc.taxes:552 Newsgroups: can.politics,misc.taxes Path: utzoo!lsuc!dave From: dave@lsuc.uucp (David Sherman) Subject: Re: unintelligible legislation Date: Mon, 21-Mar-88 04:35:33 EST Message-ID: <1988Mar21.043537.8602@lsuc.uucp> Distribution: can References: <1988Feb27.225704.29588@lsuc.uucp> <490@xios.XIOS.UUCP> <944@micomvax.UUCP> Organization: Law Society of Upper Canada, Toronto In article <944@micomvax.UUCP>, ray@micomvax.UUCP (Ray Dunn) writes: > In article <1988Mar14.185306.19552@lsuc.uucp> dave@lsuc.uucp (David Sherman) > writes: > > > >(By the way, 3 people sent me their interpretations of what the > >provision says. The only correct one was gordan@maccs, Gordan Palameta.) > ^^^^^^^ > > Does this mean it coincided with an official published interpretation, or is > Dave saying "the only one which coincided with my (Dave's) interpretation", Both, since my interpretation happens to be correct. I can't fault the people who got it wrong, since they don't have the context to work with (the rest of the statute) and they aren't experienced at reading the Income Tax Act. There's really no issue as to what the law is here; that's explained in plenty of secondary sources. What's tricky is figuring out how the statute says what you think it's supposed to say. > Are we on dangerous ground here? Is Dave liable for the opinions he > publishes on the tax laws? Should he be making disclaimers? Can he make > disclaimers when he explicitly states that he is a tax consultant?? etc. Given that I've publicly stated my qualifications as a lawyer and a tax expert, yes, if I give advice that suggests people should act on it, I might well be liable. I try to make sure to qualify my public statements so that they give general information rather than specific advice. I stated in my first posting of tax tips, a while back, that the tips were for general advice only and that a professional should be consulted on specific problems. I would think I'm in exactly the same position as any tax expert who writes for a newspaper. Of course, when I give people specific advice, for a fee, that's another matter entirely. Then they're entitled to expect, if not perfection, at least a standard of care appropriate for tax experts giving advice for a fee. David Sherman -- { uunet!mnetor pyramid!utai decvax!utcsri ihnp4!utzoo } !lsuc!dave